Express, Inc. Announces Change in Chief Financial Officer
October 19, 2021 at 04:30 pm EDT
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Express, Inc. announced the departure of the Company's Chief Financial Officer, Perry Pericleous, effective November 12, 2021. Mr. Pericleous is leaving the Company to pursue another opportunity. The Company has begun a search for a new Chief Financial Officer, and President & Chief Operating Officer Matthew Moellering will serve as Acting Chief Financial Officer in the interim, along with his existing responsibilities. Mr. Moellering has served as the Company's President and Chief Operating Officer since September 2019. He also served as Interim President and Interim Chief Executive Officer from January 2019 to June 2019, and was the Company's Chief Financial Officer and Treasurer from 2007 to 2011. Mr. Pericleous, who reports directly to Mr. Moellering, will continue to work closely with Matt over the next month to ensure a smooth transition.
Express, Inc. is a fashion retail company. The Companyâs business includes an omnichannel operating platform, physical and online stores, and a multi-brand portfolio that includes Express and UpWest. The Company operates approximately 540 Express retail and Express Factory Outlet stores in the United States and Puerto Rico, the express.com online store and the Express mobile app, and 13 UpWest retail stores and the UpWest.com online store. It sells its products through its online store, www.express.com, its mobile app, as well as through franchisees who operate Express locations in Latin America. The Company also sells gift cards in its stores, on its e-commerce Website, and through third parties. It utilizes two facilities for the distribution of its products, both of which are owned and operated by third parties. Virtually all the merchandise sold in its stores and on its Website is received and processed at a central distribution facility in Columbus, Ohio.
EXPRESS, INC. 
